Aflac Medicare Supplement Plan F

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Aflac returned to the Medicare Supplement Insurance market in 2022 after a nine-year break. And the company did so in a big way by including the popular Plan F as part of its product lineup. Plan F is, in fact, the most popular Medicare Supplement plan – though Plan G is quickly catching up.

In this review, we detail Aflac Medicare Supplement Plan F including what it covers, how you might be eligible and more. 

You can compare Medicare Supplement plans online to find out which plans are available where you live and to see how much each plan costs. If you want help comparing plans, you can also call to chat with a licensed insurance agent.

What Does Aflac Medicare Supplement Plan F Cover?

Plan F offers the highest level of coverage of any Medicare Supplement Insurance (or “Medigap”) plan. It is the only plan to provide coverage in each of the nine Medicare Supplement benefit categories.

Plan F is only available to Medicare beneficiaries who were eligible for Medicare before 2020. If you became eligible for Medicare after January 1, 2020, you cannot enroll in Plan F. You may want to consider Plan G, as it is the Medigap plan that offers the most coverage out of any plan available to new Medicare beneficiaries.

The chart below gives an overview of how Plan F coverage compares with the 10 other types of standardized Medicare Supplement Insurance plans available in most states.  

Medicare Part A Deductible

Medicare Part A requires a deductible to be met at the beginning of each benefit period. A benefit period begins when you are admitted as an inpatient and ends when you have gone 60 consecutive days without inpatient care.

Aflac Plan F – like all Medicare Plan F options from Aflac or any other insurance company – covers the Part A deductible in full for each benefit period, even if you experience multiple benefit periods in a single year.

Medicare Part A Coinsurance

Medicare Part A requires daily coinsurance payments for inpatient stays once the Part A deductible has been satisfied. Aflac Plan F covers these coinsurance payments in full in addition to providing inpatient coverage for 365 days after Medicare benefits have been exhausted. 

Medicare Part B Deductible

Medicare Part B requires you to pay an annual deductible that must be paid before any Part B coverage takes effect. Medigap Plan F covers this deductible in full, which means you don’t have to pay it before your Part B benefits kick in.

Medicare Part B Coinsurance and Copayments

Once the Medicare Part B deductible is satisfied, you are then responsible for copayments or coinsurance up to 20% of the Medicare-approved amount for covered services and items. Medicare Supplement Plan F from Aflac or any other company will cover these copayments and coinsurance in full. 

Part A Hospice Care

Medicare Part A charges small copayments for prescription medications and other items related to pain management and symptom control during hospice care along with coinsurance payments for respite care, all of which are covered in full by Aflac Medicare Supplement Plan F. 

Part A Skilled Nursing Facility Care Coinsurance

Part A requires daily coinsurance payments for skilled nursing facility stays that extend beyond 20 days during a benefit period, which is covered in full by Medigap Plan F. 

Part B Excess Charges 

Certain health care providers have an agreement with Medicare that allows them to charge up to 15% more than the Medicare-approved amount, but a Medicare Supplement Plan F from Aflac or any other insurance company covers these excess charges in full.

First Three Pints of Blood

Medicare coverage of the blood used in a blood transfusion doesn’t begin until the fourth pint. Plan F picks up the full cost of the first three pints. 

Foreign Emergency Care

Medicare coverage of emergency care received outside of the U.S. and U.S. territories is restricted to very rare circumstances. But Medicare Supplement Plan F provides 80% coverage of such care, which is the maximum amount allowed by law. 

How Much Does Aflac Medicare Supplement Plan F Cost?

The cost of Aflac Medicare Supplement Plan F will depend on your location, age and gender and may even depend on when you choose to enroll. Because Medicare Supplement plan costs can vary widely, it’s best to connect with a licensed insurance agent who can provide you with a customized price quote. 

It’s also important to note that Medigap plan benefits are standardized across all carriers, which means the coverage you’ll find in Aflac Plan F is the same coverage you’ll find in a Plan F sold by any other insurance company.

When shopping for Medicare Supplement Insurance, it’s wise to compare the costs of multiple available plans in your area.

What Are the Advantages of Enrolling in Aflac Medigap Plan F?

Some of the benefits of Aflac Medicare Supplement Plan F include:

• No network restrictions
  Medicare Supplement Insurance does not use a network of providers or hospitals you’re required to use. Medigap plans are accepted by any health care provider who accepts Original Medicare. Wherever you travel throughout the U.S., your Aflac Plan F coverage will go with you.
  
  
• Fixed rate for one year
  Aflac will lock in your premium for 12 months so there’s no need to worry about an immediate rate increase after enrolling.
  
  
• Guaranteed renewability
  Aflac will not cancel or reduce the coverage offered by Medigap Plan F as long as you continue to pay your premiums. 
  
  
• 30-day free look period
  Aflac offers a 30-day “free look,” meaning you can cancel the plan within 30 days of enrolling and receive a full refund of any paid premiums. 

Am I Eligible for Aflac Medigap Plan F?

In order to apply for Aflac Medigap Plan F, you must meet each of the following criteria:

• You are enrolled in both Medicare Part A and Part B.
  
  
• You are at least 65 years old (in most states).
  
  
• You live in an area in which Aflac sells Plan F.
  
  
• You were eligible for Medicare before Jan. 1, 2020. Federal law prohibits anyone who became eligible for Medicare on or after that date from enrolling in Plan F. This law applies to all Medicare Supplement insurance companies. 

When Can I Apply for Aflac Medicare Supplement Plan F?

You may enroll in Medicare Supplement Insurance anytime. However, doing so during your Medigap Open Enrollment Period protects you from insurance companies using medical exams and other underwriting to determine your rates.

Your Medigap Open Enrollment Period begins the month you are enrolled in Part A and Part B and are at least 65 years old. Your Medigap OEP only lasts for six months, so be sure to compare plans and review all your options as you approach Medicare eligibility.

How Do I Apply for Medicare Supplement Plan F?

You can compare Medigap plans online or call to get in touch with a licensed insurance agent who is authorized to sell Medicare Supplement Plan F and other Medigap plans that may be available where you live.